Climate Quote by John S. Watson
“Price creates incentive, and energy will be developed if there's demand for it at the price you can develop it.”
About This Quote
Source Speech: Unknown, John S. Watson quote
Economic principle that price signals create incentives, leading to energy development when demand exists.
In simple terms: Price drives energy creation if demand is present.
Align pricing with demand.
Themes
Mood
Type
When to use this quote
- energy policy
- business strategy
- investment decisions
Key Concepts
Questions to Reflect On
- How to ensure equitable access?
- What role does regulation play?
Market failures may prevent optimal outcomes.